Month: August 2018

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  PBOC sets USD/ CNY reference rate for today at 6.8293 (vs. yesterday at 6.8165)

  Daily mid rate setting from the Bank, CNY set at its lowest since 31 May … of 2017 Higher again, perhaps partially (at least) in[...]
  2018-08-05 22:13:10

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  BoE urged to place more emphasis on uncertainty re Brexit and trade wars

  UK National Institute of Economic and Social Research says the Bank of England should be more uncertain on policy Makes sense I reckon. Bloomberg have more[...]
  2018-08-05 22:13:10

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  Goldman Sachs preview the Federal Reserve Federal Open Market Committee meeting

  GS preview of the FOMC meeting Wednesday 1 August 2018 (bolding mine) Earlier previews: ForexLive
  2018-08-05 22:13:10

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  Federal Reserve leaves rates unchanged, as expected

  Fed funds rate held in the 1.75%-2.00% range Highlights of the statement: The upgrades in household spending and overall growth are the only notable change.[...]
  2018-08-05 22:11:19

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  US stocks opening with modest gains

  Little changed after US employment shows steady job growth The major US stock indices are now open, and they have modest gains after steady job[...]
  2018-08-05 19:29:04

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  Kudlow: China should not underestimate Trump on trade

  Kudlow on Fox Business Months ago I expected the US was working on a strategy of putting together a 'coalition of the willing' on trade to[...]
  2018-08-05 19:29:04

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  US July final Markit services PMI 56.0 vs 56.2 expected

  Markit services PMI for July Composite index: ForexLive
  2018-08-05 19:29:04

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  JPY pairs breaking lower

  USDJPY falls below 200 hour MA  The USDJPY has fallen below its 200 hour MA line at 111.30. Earlier the price fell below the 100[...]
  2018-08-05 19:29:04

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  July ISM non-manufacturing index 55.7 vs 58.6 expected

  July 2018 US ISM non-manufacturing index This won't do anything to halt today's slide in USD/JPY, which is now down to 111.15. Comments in the[...]
  2018-08-05 19:29:04

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  What was the strongest and weakest currency this week?

  A ranking of the major currencies If you took the % changes of the major currencies (USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD)[...]
  2018-08-05 19:27:10

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